Document Content

DECISION

Authorizing the management board of Lao Bao special Economic-Trade Zone, Quang Tri province, to grant investment preference certificates under the domestic Investment Promotion Law (falling under the competence of the Planning and Investment Ministry) to investment projects in Lao Bao special Economic-Trade Zone

THE MINISTER OF PLANNING AND INVESTMENT

Pursuant to May 20, 1998 Domestic Investment Promotion Law No. 03/1998/QH10 (amended);

Pursuant to the Government's Decree No. 51/1999/ND-CP of July 8, 1999, detailing the implementation of the Domestic Investment Promotion Law (amended);

Pursuant to the Government's Decree No. 35/2002/ND-CP of March 29, 2002, amending and supplementing Lists A, B and C promulgated in the Appendix to Decree No. 51/1999/ND-CP;

Pursuant to the Government's Decree No. 164/2003/ND-CP of December 22, 2003, detailing the implementation of the Enterprise Income Tax Law;

Pursuant to the Government's Decree No. 61/2003/ND-CP of June 6, 2003, defining the functions, tasks, powers and organizational structure of the Ministry of Planning and Investment;

Pursuant to the Prime Minister's Decision No. 11/2005/QD-TTg of January 12, 2005, promulgating the Regulation on Lao Bao Special Economic-Trade Zone, Quang Tri province;

Pursuant to the Prime Minister's Decision No. 130/2005/QD-TTg of June 2, 2005, establishing the Management Board of Lao Bao Special Economic-Trade Zone, Quang Tri province;

At the proposal of the People's Committee of Quang Tri in province in Document No. 1300/UB-TM of June 17, 2005,

DECIDES:

Article 1.-

1. The Management Board of Lao Bao Special Economic-Trade Zone (hereinafter referred to as the Management Board for short) shall act as a coordinator guiding investors that have investment projects in Lao Bao Special Trade-Economic Zone (hereinafter referred to as Lao Bao Zone) to register for enjoyment of investment preferences.

2. To authorize the Management Board to receive and consider dossiers of registration of investment preferences, decide or refuse to grant investment preference certificates to domestic investment projects in Lao Bao Zone in the cases specified in Article 3 of this Decision.

The order and procedures for registration of investment preferences, and forms used for the grant of investment preference certificates shall comply with the provisions of the Planning and Investment Ministry's Circular No. 02/1999/TT-BKH of September 24, 1999.

Article 2.- Domestic investment projects which the Management Board is authorized to consider and grant investment preference certificates must meet the following conditions:

1. Being in line with the plan, charter and Regulation of Lao Bao Zone, approved by the Prime Minister or competent authorities.

2. Meeting the investment preference conditions specified in the Government's Decree No. 51/1999/ND-CP of July 8, 1999, detailing the implementation of the Domestic Investment Promotion Law (amended) and Decree No. 35/2002/ND-CP of March 29, 2002, amending and supplementing Lists A, B and C promulgated in the Appendix to the Government's Decree No. 51/1999/ND-CP, and Decree No. 164/2003/ND-CP detailing the implementation of the Enterprise Income Tax Law.

Article 3.- The Management Board shall receive, consider and gather written comments from relevant agencies, if deeming it necessary, in order to decide or refuse to grant investment preference certificates, adjust or supplement investment preference certificates already granted to investment projects of the following enterprises:

- Enterprises established under the Prime Minister's decisions;

- Enterprises established under decisions of ministers or heads of competent central agencies.

Article 4.- Within 07 working days after granting new or supplemented investment preference certificates, the Management Board shall send their valid copies to the Planning and Investment Ministry and the People's Committee of Quang Tri province.

Every six months (before June 20 and December 20), the Management Board shall review the situation on the grant of investment preferences in Lao Bao Zone within its authorized scope, identify arising problems that need to be tackled and send reports thereon to the Planning and Investment Ministry.

Article 5.- This Decision takes effect 15 days after its publication in "CONG BAO."